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Tips for Negotiating Your Next Big Event Contract

Smart Meetings

But entering a new relationship with a hotel usually comes with a detailed contract of agreements and stipulations. year period of time have shifted into the future years causing a significant demand and compression issue when contracting with hotels,” Payne said. Smart Meetings chatted with Cheryl M.

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In-Kind Sponsorships for Events: How to Create a Win-Win Situation

Endless Events

In-kind sponsorships are relationships where a business sponsors an event by providing free goods or services rather than a financial contribution. So can in-kind sponsorships for events help you meet your event goals? The one organization I worked for that did a ton of event sponsorships had a sales department that did the selling.

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Conference Management: What Event Organizers Need to Know

Eventmobi

This is often followed by a Q&A session or group discussion. Instead, a small group of people have conversations about specific topics. Sponsorship-Driven Management Many sponsors are happy with their name and logo on conference marketing materials. The latter scenario is known as sponsorship-driven management.

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Olympics Crisis and Hotels’ Pain Provide Event Contract Lessons

MeetingsNet

Understanding things like event-insurance fine print and which areas of operation hotels get group revenue from will help planners become better at contracting and negotiating. This article from Reuters has more details on the postponement-clause fine print in those event-insurance contracts.

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The Complete Guide to Event Sponsorship 2023

Stova

The Complete Guide to Event Sponsorship Many event professionals understand the importance of putting on an event with sponsorships but still struggle with developing a strategic approach to securing sponsors. At their best, sponsorships raise the brand value of both parties and reinforce their heritage and visions for the future.

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Event Budgeting in an Uncertain Business Environment

MeetingsNet

He then had each group share its best thoughts. A few veteran planners underscored the importance of understanding the way that each group of stakeholders prefers to communicate. The best negotiator on your team should handle the largest budget elements that will not be simple to secure at an acceptable cost.

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Introducing the 2021 Event Planning Playbook

Event Farm

The panelists offered tips about negotiating with venues and vendors: . Like the venue, they must agree with your compliance protocols before you sign the contract. You can provide masks (another sponsorship opportunity) and use technology to track their dispersal in the event app. Planning the event layout. Mask monitoring.

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